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BK

Bank of New York Mellon (NYSE:BK) has seen a decrease in short interest, now at 7.07 million shares or 0.94% of float, indicating a potential shift in market sentiment towards more bullish views. The short interest decline from the last report is 6.93%, with a current cover time of 2.36 days based on trading volume. Compared to its peers, BK has a lower short interest percentage of float, suggesting a relatively positive outlook among investors.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 8:15 pm

UPS

UPS announced the departure of Chief Financial Officer Brian Newman and is currently searching for a new CFO. This change in leadership could impact UPS's financial strategy and investor confidence in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:15 pm

SAFE

Safehold Inc. (NYSE:SAFE) reported Q1 earnings of $0.43 per share, surpassing the consensus estimate of $0.39, marking a 10.26% beat and a 4.88% increase from the previous year. Quarterly sales reached $93.20 million, exceeding estimates by 5.81% and showing an 18.99% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:14 pm

OWLT

Owlet (NYSE:OWLT) reported Q1 2024 adjusted EPS of $(0.39), missing the $(0.14) estimate, with sales of $14.800M also missing the $16.430M estimate. This represents a 38.32% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:13 pm

STRL

Sterling Infrastructure (NASDAQ:STRL) reported Q1 2024 earnings of $1.00 per share, surpassing the $0.77 estimate, a 56.25% increase from last year. Sales reached $440.360M, beating the $412.833M estimate, up 9.11% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:12 pm

BCC

Boise Cascade (NYSE:BCC) reported Q1 2024 earnings of $2.61 per share, surpassing the $2.28 consensus estimate by 14.47%. Sales reached $1.645 billion, exceeding the $1.563 billion estimate by 5.22% and marking a 6.54% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:12 pm

ADUS

Addus HomeCare (NASDAQ:ADUS) reported Q1 2024 earnings of $1.21 per share, surpassing the $1.09 estimate, with sales of $280.7M also beating the $279.564M estimate, marking an 11.57% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:10 pm

NHI

National Health Investors (NHI) reported Q1 2024 FFO of $1.12 per share, surpassing the $1.06 estimate, with sales of $81.513M also beating the $76.851M estimate, despite a 1.06% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:10 pm

LITE

Lumentum's stock price declined following the announcement of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:10 pm

OPAD

Offerpad Solutions (NYSE:OPAD) reported Q1 2024 adjusted EPS of $(0.65), missing the $(0.46) estimate, but sales of $285.358M exceeded the $270.185M estimate. This represents a 53.19% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:10 pm